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A 0% intro APR credit card lets you avoid paying interest on purchases or balance transfers for up to 21 months. This can save you hundreds or thousands of dollars when financing large purchases ...
Let’s say you use a 12-month deferred interest offer on a medical credit card to pay for a $1,000 dental procedure, and that the card’s regular APR is 24.99 percent.
With a balance transfer, you move your credit card debt from a credit card with high interest to your new card for interest-fee payments for a set period of time, often anywhere from 12 to 21 months.
For example, if you transfer $6,000 in credit card debt to a card offering 0% intro APR for 18 months, you could pay off the full amount by making $333 monthly payments with no added interest charges.
Balance transfer credit cards with 0 percent intro APR periods are among the most powerful tools available to consumers saddled with high-interest debt. With these cards, you can shift debt that ...
Credit card debt can be tricky, but a balance transfer card may be able to help. ... transfers for up to 21 months. Also, look at credit card balance ... until the high-interest debt is taken care ...
Debt to pay off. Monthly payments. Time to pay off. Interest/fees paid. Card with 15-month intro APR offer. $5,150 (principal balance + BT fee) $300. 17. $150 BT fee, $12.23 in interest
The best balance transfer credit cards offer up to 21 months without interest. ... If the regular APR is 24 percent and you decide to pay $100 per month until your balance is 0, it will take you ...
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